diff options
author | Tao Effect <contact@taoeffect.com> | 2016-02-08 18:45:47 -0800 |
---|---|---|
committer | bitcoindev <bitcoindev@gnusha.org> | 2016-02-09 02:45:50 +0000 |
commit | 2acff0511c478226327fd500c25dcef337e5b582 (patch) | |
tree | 7a223a8abf8e5fc9397fa513fcff425da91990de | |
parent | 048ae61a84a75d3dbc22e9531619630d77a10dfd (diff) | |
download | pi-bitcoindev-2acff0511c478226327fd500c25dcef337e5b582.tar.gz pi-bitcoindev-2acff0511c478226327fd500c25dcef337e5b582.zip |
Re: [bitcoin-dev] On Hardforks in the Context of SegWit
-rw-r--r-- | 15/7e53aa80c4d2b3f4f80e7d01bd02564152272a | 201 |
1 files changed, 201 insertions, 0 deletions
diff --git a/15/7e53aa80c4d2b3f4f80e7d01bd02564152272a b/15/7e53aa80c4d2b3f4f80e7d01bd02564152272a new file mode 100644 index 000000000..46e63da20 --- /dev/null +++ b/15/7e53aa80c4d2b3f4f80e7d01bd02564152272a @@ -0,0 +1,201 @@ +Return-Path: <contact@taoeffect.com> +Received: from smtp1.linuxfoundation.org (smtp1.linux-foundation.org + [172.17.192.35]) + by mail.linuxfoundation.org (Postfix) with ESMTPS id CAC12E28 + for <bitcoin-dev@lists.linuxfoundation.org>; + Tue, 9 Feb 2016 02:45:50 +0000 (UTC) +X-Greylist: delayed 04:21:48 by SQLgrey-1.7.6 +Received: from homiemail-a7.g.dreamhost.com (homie.mail.dreamhost.com + [208.97.132.208]) + by smtp1.linuxfoundation.org (Postfix) with ESMTP id 0BD32138 + for <bitcoin-dev@lists.linuxfoundation.org>; + Tue, 9 Feb 2016 02:45:49 +0000 (UTC) +Received: from homiemail-a7.g.dreamhost.com (localhost [127.0.0.1]) + by homiemail-a7.g.dreamhost.com (Postfix) with ESMTP id 9CC4725C06B; + Mon, 8 Feb 2016 18:45:49 -0800 (PST) +DKIM-Signature: v=1; a=rsa-sha1; c=relaxed; d=taoeffect.com; h= + content-type:mime-version:subject:from:in-reply-to:date:cc + :message-id:references:to; s=taoeffect.com; bh=kMwgKcqw/MEod17b8 + p7wtIyt2Y0=; b=yETD4zhBnjwxbvrkCYdIMVc2OPlBKslDb6UvVVfkjXf/sT0MG + s6lsMvLd0uNibKnOywIIqKsURUjgQ5LdV+mfeH6a9ubY5yfVILP8Bfwdlloz07qG + cnhiI3iDOm0ZqcA+GNZ5if5eFfHUyHIv4pC2SFrSlBmB8PGY11G7sCKyS4= +Received: from [192.168.42.65] (50-0-163-57.dsl.dynamic.fusionbroadband.com + [50.0.163.57]) + (using TLSv1 with cipher DHE-RSA-AES256-SHA (256/256 bits)) + (No client certificate requested) + (Authenticated sender: contact@taoeffect.com) + by homiemail-a7.g.dreamhost.com (Postfix) with ESMTPSA id 5EF9825C063; + Mon, 8 Feb 2016 18:45:49 -0800 (PST) +Content-Type: multipart/signed; + boundary="Apple-Mail=_D260EE8C-5454-4694-B8EB-7ABDB4DF4193"; + protocol="application/pgp-signature"; micalg=pgp-sha512 +Mime-Version: 1.0 (Mac OS X Mail 9.2 \(3112\)) +X-Pgp-Agent: GPGMail 2.6b2 +From: Tao Effect <contact@taoeffect.com> +In-Reply-To: <CAAcC9yuJY3Lsd7Z0rx8TFLNT1fJLhrpxzKJREQ7FmdNNjdXJow@mail.gmail.com> +Date: Mon, 8 Feb 2016 18:45:47 -0800 +X-Mao-Original-Outgoing-Id: 476678747.59452-fad4743bbb84c560e17c55c5f481d02e +Message-Id: <0034586B-0885-415D-9423-95B888B01106@taoeffect.com> +References: <56B8EBF8.4050602@mattcorallo.com> + <236601d162b0$8da286e0$a8e794a0$@xbt.hk> + <28C17F9B-AD69-4962-8C8F-0D983FA917ED@taoeffect.com> + <CAAcC9yuJY3Lsd7Z0rx8TFLNT1fJLhrpxzKJREQ7FmdNNjdXJow@mail.gmail.com> +To: Chris Priest <cp368202@ohiou.edu> +X-Mailer: Apple Mail (2.3112) +X-Spam-Status: No, score=-2.7 required=5.0 tests=BAYES_00,DKIM_SIGNED, + DKIM_VALID, DKIM_VALID_AU, RCVD_IN_DNSWL_LOW autolearn=ham version=3.3.1 +X-Spam-Checker-Version: SpamAssassin 3.3.1 (2010-03-16) on + smtp1.linux-foundation.org +X-Mailman-Approved-At: Tue, 09 Feb 2016 03:49:50 +0000 +Cc: bitcoin-dev@lists.linuxfoundation.org +Subject: Re: [bitcoin-dev] On Hardforks in the Context of SegWit +X-BeenThere: bitcoin-dev@lists.linuxfoundation.org +X-Mailman-Version: 2.1.12 +Precedence: list +List-Id: Bitcoin Development Discussion <bitcoin-dev.lists.linuxfoundation.org> +List-Unsubscribe: <https://lists.linuxfoundation.org/mailman/options/bitcoin-dev>, + <mailto:bitcoin-dev-request@lists.linuxfoundation.org?subject=unsubscribe> +List-Archive: <http://lists.linuxfoundation.org/pipermail/bitcoin-dev/> +List-Post: <mailto:bitcoin-dev@lists.linuxfoundation.org> +List-Help: <mailto:bitcoin-dev-request@lists.linuxfoundation.org?subject=help> +List-Subscribe: <https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev>, + <mailto:bitcoin-dev-request@lists.linuxfoundation.org?subject=subscribe> +X-List-Received-Date: Tue, 09 Feb 2016 02:45:50 -0000 + + +--Apple-Mail=_D260EE8C-5454-4694-B8EB-7ABDB4DF4193 +Content-Transfer-Encoding: quoted-printable +Content-Type: text/plain; + charset=utf-8 + +Look, if we=E2=80=99re going to declare something an emergency, we = +cannot on the one hand say things like: "I strongly believe bitcoin has = +no place in the world if the fee raise much higher than a few cents per = +typically-sized transaction=E2=80=9D, and on the other declare that = +there is an emergency worth redefining what *Bitcoin is* because the = +average txn fee is on the order of 7 cents [1] and has remained = +reasonable for some time [2]. + +If you=E2=80=99d like to understand what a qualifying emergency looks = +like, read the links: + +> = +http://bitledger.info/why-a-hard-fork-should-be-fought-and-its-not-evil-to= +-discuss/ +>=20 +> And here: +>=20 +> = +http://bitledger.info/hard-fork-risks-and-why-95-should-be-the-standard/ + + +In terms of scaling, we are nowhere close to an emergency. + +Scaling is priority #4, maybe, and it=E2=80=99s being taken care of. + +Meanwhile, we should be directing our attention one the more pressing = +and serious concerns like mining centralization & privacy. + +Mining centralization is a serious issue. It is *not cool* that 4 dudes = +(and 1 government) have the power to redefine what Bitcoin is *right = +now*. + +Relevant post with suggestions for fixing that: + += +https://www.reddit.com/r/Bitcoin/comments/44kwf0/the_hardfork_that_bitcoin= +_really_needs_not/czrh3na + +As far as I can tell, P2Pool & GBT are not the same thing, but I=E2=80=99v= +e been told that P2Pool might use GBT in some way, even though it=E2=80=99= +s listed on the wiki as not using it. [3] + +A hard fork would ideally enforce decentralized mining pools somehow so = +that transaction selection is done at the edges instead of the center. + +Cheers, +Greg + +[1] http://www.cointape.com/ +[2] https://blockchain.info/charts/transaction-fees +[3] https://en.bitcoin.it/wiki/Comparison_of_mining_pools + +> On Feb 8, 2016, at 4:54 PM, Chris Priest <cp368202@ohiou.edu> wrote: +>=20 +>> Also, if you=E2=80=99re going to do a hard fork, you=E2=80=99d better = +make the most of it as hard forks must be a *rare* = +world-is-ending-if-we-don=E2=80=99t-do-it thing +>=20 +> In my opinion, the network publishing more than 1MB worth of +> transactions while the limit is still 1MB *is* an emergency worthy of +> a hard fork. +>=20 +> If that's not an emergency, then what is? +>=20 +> I strongly believe bitcoin has no place in the world if the fee raise +> much higher than a few cents per typically-sized transaction. +>=20 +> On 2/8/16, Tao Effect via bitcoin-dev +> <bitcoin-dev@lists.linuxfoundation.org> wrote: +>> Hard forks should always come in response to some major crisis that = +all +>> participants can agree is an actual crisis, as per the excellent = +rational +>> here: +>>=20 +>> = +http://bitledger.info/why-a-hard-fork-should-be-fought-and-its-not-evil-to= +-discuss/ +>>=20 +>> And here: +>>=20 +>> = +http://bitledger.info/hard-fork-risks-and-why-95-should-be-the-standard/ +>>=20 +>> Also, if you=E2=80=99re going to do a hard fork, you=E2=80=99d better = +make the most of it as +>> hard forks must be a *rare* world-is-ending-if-we-don=E2=80=99t-do-it = +thing +>> (otherwise Bitcoin cannot be considered decentralized in any sense of = +the +>> word). +>>=20 +>> So for any sort of hard fork, be sure to address the real threats and +>> challenges that are facing Bitcoin today: +>>=20 +>> 1. Mining centralization. +>> 2. Privacy. +>>=20 +>> Best regards, +>> Greg Slepak +>>=20 + + +--Apple-Mail=_D260EE8C-5454-4694-B8EB-7ABDB4DF4193 +Content-Transfer-Encoding: 7bit +Content-Disposition: attachment; + filename=signature.asc +Content-Type: application/pgp-signature; + name=signature.asc +Content-Description: Message signed with OpenPGP using GPGMail + +-----BEGIN PGP SIGNATURE----- +Comment: GPGTools - http://gpgtools.org + +iQIcBAEBCgAGBQJWuVLbAAoJEOxnICvpCVJHqXUP+wWvZq/B8/EYJShaB93wfcy2 +mI8WIvdpcZCFTwMXY0WlJu/JdSLn3rnS+H1OTb8Fxk7jZOlYSmtOpJEB87czF+zZ +gp+20ZHvCIJ3hOItETlVmZa8x3bSJ4wFmFpld5J1Y3CLoFBXmcNrWD10BSyeKfJu +iiDOAeHZmrhWB2P0dRFdPOF4SFYKo0esm/0vvCup+yD9gOKvT57hJXC2n+KFbu4a +kc7PnAIY0d5DwhhCZVmsahUueCH2wLbd2i9azeEWnybPZRx+f7xnFujGLb29tmbo +XGrUTqfFAkl9ah3dSf7w4ABCoJZmz3qawJ+aW44OWlnyZzWx/Ul1VO0QtJ2evWMp +P6j9A2CvVlB7jw/yR9E52Ey5yfry+Jv5P049Vrt+OjaMZ1T0NZ8vv0uxp0acArAF +lzM5rbJbNOfzCvQOU6f2UenaPJGhzeEOr7UnaMuzlPJkPeAr2YumBp/kRWJwLTRD +iudMxwKrHiAvd1XitrGP7yqEjJzCzU0pJ3talQJPgOL8o3rX4I/GChkJEkyaipTX +Rlr3VYN8za0YC21BqLcIWN8fTh0daeDwzWZi6JAuq4WzTn4Ur+4qAtGUEW/JnrBj +CVkgmDAqHWLWtzR7Wcyf3P8VxY7AchtIfI4DhMyAlQTsn9QEFmSDRaJJY8CQ/wEh +b0rmtq1nSMvmsEvIR7Ph +=0jau +-----END PGP SIGNATURE----- + +--Apple-Mail=_D260EE8C-5454-4694-B8EB-7ABDB4DF4193-- + |